Embassy Developments Ltd (BOM:532832)
₹ 64.85 +1.69 (+2.68%) Market Cap: 90.14 Bil Enterprise Value: 138.63 Bil PE Ratio: 0 PB Ratio: 0.91 GF Score: 52/100

Q4 2026 Embassy Developments Ltd Earnings Call Transcript

May 21, 2026 / 05:30 AM GMT
Release Date Price: ₹64.59 (-2.87%)

Key Points

Positve
  • Embassy Developments Ltd (BOM:532832) reported its strongest quarter in company history with Q4 pre-sales of 2,632 crores, up 89% quarter-on-quarter.
  • FY26 pre-sales increased by 128% year-on-year to 4,631 crores, showcasing significant growth.
  • The company launched projects with a cumulative GDV of approximately 16,300 crores across six different launches during FY26.
  • Embassy Citadel, a new entry into the South Mumbai luxury segment, achieved 797 crores in pre-sales within 45 days, indicating strong market acceptance.
  • The company secured favorable legal outcomes, including the setting aside of a significant NCLT admission order, reinforcing its legal position and governance framework.
Negative
  • Embassy Developments Ltd (BOM:532832) reported an accounting loss of 872 crore at the PAT level for FY26, attributed to revenue recognition policies.
  • The company faced a marginal shortfall in achieving its FY26 free sales guidance due to approval delays of a planned project in Bangalore.
  • The reported EBITDA for FY26 was negative 300 crore, a significant drop from a positive 531 crore in FY25.
  • The company's cost of debt is currently high at 14.8%, with plans to reduce it to 10% over the next 12 to 18 months.
  • Embassy Developments Ltd (BOM:532832) has a net institutional debt of approximately 3,000 crores, with plans to reduce leverage levels gradually.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

EMBS.NS - Embassy Developments Ltd
Q4 2026 Embassy Developments Ltd Earnings Call
May 21, 2026 / 05:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Q4 and FY26 Earnings Conference Call hosted by Embassy Developments Limited.

As a reminder, all participant lines will be in a listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes.

Should you need assistance during the conference call, please signal an operator by pressing then 0 on your touchstone phone.

I now hand the conference over to Mr. Aditya Virwani, Promoter and Managing Director from Embassy Developments Limited.

Thank you and over to you sir.

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Unidentified_2 [2]
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